Forum Archive Index - November 2001

["vdwvo" <helmett@xtra.co.nz>]

        My partner asked me today what she should do with her contact

shares, to be honest i have no idea.  She decided to wait until

she decided to wait and accept the 4.25.

           The other alternative is to sell, hope the bid fails and then buy

 back in at a lower price.  Stocks are on a high at the moment in NZ

however that is unlikely to last long and once the recessionary gloom

sets in the money from contact could be usefully used grabbing

some bargains.

        Im in the same dilema with Frucor, 2.45 is certainly tempting

in the current climate, but at least there is a chance offers will go

higher, while it is hard to imagine edison raising their bid further

 

  Nick